ESG Emirates Stallions Group PJSC (ADX:ESG) acquired 70% stake in WFC holding on November 24, 2021. The acquisition of Workforce Holding comes as part of Emirates Stallions Group effort to diversify into new areas that complements its mainstream construction and real estate business, and to take advantage of the growing demand for manpower outsourcing services in the UAE market. In 2020, WFC Holding?s revenue grew significantly to AED 405 million from AED 90 million and net profit higher by 150% to AED 15 million. ESG Emirates Stallions Group PJSC (ADX:ESG) completed the acquisition of 70% stake in WFC holding on November 24, 2021